June 12, 2026 8:48 am
Key Moments Adobe Systems Incorporated stock was down 3.7% in pre-market trading after its post-close earnings release. The company reported Q2 FY2026 revenue of $6.62 billion and non-GAAP EPS of $5.96, exceeding consensus estimates. Adobe reduced its organic fiscal 2026 total ending ARR growth guidance by about 2% from roughly 10.2% due to strategic changes. […]
Read moreJune 12, 2026 8:33 am
Key Moments Nvidia has informed Chinese customers that Vera CPUs for AI data centers could be available as early as August, and is already inviting orders, according to three sources. A major Chinese cloud provider is preparing an initial order for more than 300 dual-Vera-CPU servers, while broader adoption remains uncertain due to software and […]
Read moreJune 11, 2026 2:20 pm
Key Moments Google has been in talks with Samsung Electronics to manufacture a key part of its 10th-generation Tensor Processing Unit, code-named Icefish. The discussions focus on using Samsung’s 2-nanometer process to fabricate a memory input-output die, with potential mass production starting as early as 2028. Under the current design, Taiwan Semiconductor Manufacturing Co. would […]
Read moreJune 11, 2026 2:04 pm
Key Moments Microchip Technology (NASDAQ:MCHP) shares increased 2.6% in premarket trading after expanded MIL-PRF-38535 QML Class Y certification at its Nantes, France facility. The Nantes site, certified to QML Classes Q and V since 1999, now adds Class Y to support higher integration and advanced semiconductor architectures for next-generation military and space programs. With the […]
Read moreJune 11, 2026 1:30 pm
Key Moments Apollo Global Management Inc. has introduced a risk framework that categorizes software into 12 to 14 segments based on exposure to AI-driven disruption. The firm has applied this framework not only to new deals but also across its existing portfolio to identify areas where it may seek to reduce risk. Other major asset […]
Read moreJune 11, 2026 12:34 pm
Key Moments Nvidia (NASDAQ:NVDA) entered into a partnership with Abridge to develop a healthcare-focused artificial intelligence model. The new model targets clinical conversations and will be deployed exclusively on Abridge’s platform to aid decision support and documentation. Nvidia plans to train the model with its Nemotron suite of open models, while maintaining an investment stake […]
Read moreJune 11, 2026 9:30 am
Key Moments Oracle (NYSE:ORCL) dropped 10.7% after hours to $179.82 following its Q4 FY2026 release, despite topping earnings expectations. Full-year capital expenditures jumped 162% to $55.7 billion, with plans to raise about $40 billion in new financing and lift FY2027 net capex to roughly $70 billion. Heavy negative free cash flow, shareholder dilution concerns, and […]
Read moreJune 10, 2026 1:20 pm
Key Moments U.S. equity futures were under broad pressure early Wednesday, with Nasdaq 100 futures down 328 points, or 1.2%, by 04:53 ET (08:53 GMT). Chewy and Cracker Barrel Old Country Store advanced in premarket activity after both reported stronger-than-expected revenue and outlook metrics. AI-related stocks and semiconductor names faced renewed selling pressure as investors […]
Read moreJune 10, 2026 1:09 pm
Key Moments Paramount Skydance Corp’s proposed $110 billion acquisition of Warner Bros Discovery is being examined under the EU’s Foreign Subsidies Regulation. The European Commission has until July 14 to either approve the deal or open an in-depth 90 working day investigation. Saudi Arabia’s PIF, Abu Dhabi-based L’imad Holding Company, and Qatar Investment Authority are […]
Read moreJune 10, 2026 10:00 am
Key Moments RBC Capital Markets downgraded Nike to Sector Perform from Outperform and lowered its price target to $50 from $70. The bank trimmed its FY27 and FY28 EPS forecasts for Nike by 9% and 13%, leaving estimates about 2% below consensus in both years. RBC’s discounted cash flow valuation implies roughly 15% upside to […]
Read more